What is the difference between the Crypto Transfer feature and the Deposit/Withdraw feature?

Although they may seem similar at first glance, the Crypto Transfer feature and the Deposit/Withdraw feature are two functionalities that use different technologies. Here are the differences:

Crypto Transfer

  1. The Crypto Transfer feature is conducted using the Nanovest network.
  2. It can only be sent to other Nanovest users.
  3. The Crypto Transfer feature incurs no fees for both the Sender and the Receiver.
  4. Supported crypto assets are limited, with Nanobyte (NBT) currently being the only available option.

Deposit/Withdraw

  1. Transactions are conducted using blockchain networks such as Bitcoin, ERC20, BEP20, Polygon, and others.
  2. With this feature, you can send your crypto assets to crypto wallets (such as Metamask and Trust Wallet) or to other exchanges.
  3. Withdraw transactions incur fees, while deposit transactions are free.
  4. Supported assets can be viewed at the provided link.

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